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About Revolv3
Revolv3 is a full-stack SaaS payment optimization platform for subscription billing. It increases payment approval rates for subscription businesses and reduces churn with technology tailored to each customer's specific needs. The company supports domestic and international transactions to US-based firms, maximizing first-pass payment approvals and helping resolve false declines.
The challenge
One of the biggest industry challenges for Revolv3 is maintaining high approval rates for its customers. Revolv3 serves many large enterprises that have internal billing platforms or disjointed, multi-tier, multi-party systems that would be streamlined by direct merchant integration.
Additionally, their front-end billing platform or gateway customers required an intermediary to provide routing and other data to improve approvals. Revolv3 needed a payment provider to enable streamlined, connected processing.
Nuvei invites our feedback on development prior to their next market release. This helps ensure we can provide our customers with what they need to maximize their bottom line. The more we work with Nuvei, the more we want to work with them.
Robert Podlesni, Chief Product Officer, Revolv3
The solution
Decades of payment experience reveals a hard truth—one size doesn’t fit all. Every company has its own needs, CRM requirements, and pain points.
Nuvei provided Revolv3 with access to a host of payment solutions, with global coverage that is easier to establish for new accounts and regions. Nuvei also provided extensive alternative payment method options, and direct integration offering raw processing data essential to Revolv3.
Through Nuvei, the Revolv3 platform could offer its customers a wide range of payment options, with a single integration to Nuvei’s acquiring platform. Now, Revolv3’s merchants can stay connected to their legacy provider for redundancy and enjoy continuous coverage for any unique acquiring licenses.
The results
Working with Nuvei, Revolv3 boosted approval rates for merchants, providing feedback in terms of BIN data, approval data by BIN, and even order funnel optimization based on a merchant’s industry risk matrix.
Nuvei made it simple for Revolv3 customers to separately process by product or geography, for instance, and will even assist with quality assurance to ensure the implementation meets legal requirements before going live.
New products from Nuvei seamlessly join the existing ecosystem without requiring a new integration, adding value over other providers. Nuvei shares its roadmap and solicits feedback from Revolv3 to deliver the best product.
- Up to 14% increase in approval rate
- Efficient onboarding, accelerating time to service
- Streamlined integration as Nuvei adds new products
Revolv3 continues to innovate as it works to make payments simpler for customers. Having Nuvei as a partner enhances services because Revolv3 can bring everything to the table, from functionality and technical performance to service delivery leadership.
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